PCAOB Standards Suggest Which of the Following When Interpreting the Federal

Multiple Choice

PCAOB standards suggest which of the following when interpreting the federal securities laws relating to materiality?

A) A material amount would significantly alter the "total mix" of information made available to an investor.
B) Materiality cannot be used as a basis for interpreting federal securities laws.
C) A material amount is that at which an individual's decision would be changed.
D) Materiality is composed of quantitative and not qualitative aspects.